MetLife settled life ins claims of Tk 1,792cr in 2021

MetLife Bangladesh, one of the leading insurance companies in the country, has settled insurance claims worth Tk 1,792 crore in 2021. 

The insurer cumulatively settled claims of Tk 5,900 crore in the last five years (2017-2021), a press release said.

MetLife has begun using artificial intelligence for the online submission of insurance claims to make insurance more convenient and trustworthy for customers.

As a result, customers can now receive their claims within three days upon uploading the correct documents.

Currently, MetLife Bangladesh has been serving over a million individual customers and more than 800 corporate clients.

"We are committed to standing beside our customers by settling claims in an efficient and transparent manner.

We will continue to make the claims settlement process even faster to improve customer convenience," said Ala Ahmad, chief executive officer of MetLife Bangladesh.